TITLE

Shopping for a GPO

AUTHOR(S)
Lee, Jaimy
PUB. DATE
August 2011
SOURCE
Modern Healthcare;8/29/2011, Vol. 41 Issue 35, p27
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses group purchasing organization (GPO) and its role in the reduction of operating costs of hospitals and health systems. Interviews with healthcare organizations in the U.S. revealed the factors that influenced the decision to choose a GPO including data analytics tools, flexible purchasing models to benefit physicians and nurses, and price. Meanwhile, HealthTrust Purchasing Group helped Robert Wood Johnson University Hospital save 2.2 million U.S. dollars in 2010.
ACCESSION #
65301365

 

Related Articles

  • Can a GPO deliver? Lee, Jaimy // Modern Healthcare;3/26/2012, Vol. 42 Issue 13, p10 

    The article reports on the developments in the plan by St. Louis, Missouri-based Ascension Health to create a group purchasing organization (GPO). The GPO will serve as a wholly owned subsidiary of Ascension Health Alliance, the parent firm of Ascension Health. Ascension Health is the biggest...

  • Cost pressures fueling change. Lee, Jaimy // Modern Healthcare;1/7/2013, Vol. 43 Issue 1, p31 

    The article reports on the continuing pressure for U.S. hospitals to reduce supply costs which may result to lower margins for device manufacturers and increased need for providers to reduce costs and establish new forms of revenue. Supply-chain executives are shifting away from traditional...

  • Hospitals buying doc practices may reap tax savings under IRS ruling. Schencker, Lisa // Modern Healthcare;1/5/2015, Vol. 45 Issue 1, p13 

    The article focuses on a new ruling of the U.S. Internal Revenue Service (IRS), that may allow tax savings for investor-owned hospitals that operate physician practices in states that bar the corporate practice of medicine. It discusses the IRS private-letter ruling, published in the Federal...

  • Praise for GPO report. Rooney, Curtis // Modern Healthcare;9/5/2011, Vol. 41 Issue 36, p24 

    A letter to the editor is presented in response to the article "Shopping for a GPO" in the August 29, 2011 issue.

  • Praise for GPO report. Rooney, Curtis // Modern Healthcare;9/5/2011, Vol. 41 Issue 36, p24 

    A letter to the editor is presented in response to the article "Shopping for a GPO" in the August 29, 2011 issue.

  • Breaking the chain. Lee, Jaimy // Modern Healthcare;8/19/2013, Vol. 43 Issue 33, p28 

    The article offers information on importance of cost-cutting measures taken by various hospitals in the U.S. It informs about the benefits of the Group Purchasing Organization (GPO), an independent government agency, for the purchasing of raw materials and supplies of hospital. It further...

  • MedAssets deal could pave way for regional, provider-led GPOs. Rubenfire, Adam // Modern Healthcare;11/9/2015, Vol. 45 Issue 45, p0008 

    The article discusses the implications resulting from the acquisition of the healthcare performance improvement firm MedAssets, Incorporated by the academic medical center VHA-UHC Alliance. Topics covered include the emergence of regional group purchasing organizations after the consolidation,...

  • SUPPLY CHAIN: Pressure to spend less... price transparency... economics of scale. Lee, Jaimy // Modern Healthcare;1/6/2014, Vol. 44 Issue 1, p20 

    The article presents some factors that should be considered by medical suppliers in the U.S. in 2014 to manage the control the cost of medical supplies which include price transparency, formation of cost-reduction strategies for medical supplies, and economy of medical supply production scale.

  • Minister launches radical new procurement strategy to save the NHS £1.5 billion.  // Journal of Perioperative Practice;Nov2013, Vol. 23 Issue 11, Special Section p15 

    No abstract available.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics